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SOLD

7-11 Ceylon Street, NUNAWADING, VIC 3131

Properties / Sold / Victoria / Nunawading

Development Potential

1. Property Summary

Property Type

Industrial, Commercial

Land Area

1,635 m² (*approx)

Selling Method

Auction: Thursday 18th October 2018 at 12 noon on-site

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2. Property Highlights

Freehold Investment - Mega Mile Nunawading Precinct

Modern office/warehouse leased to long standing tenant now available For Sale by Public Auction on Thursday 18th October 2018 at 12 noon on-site.

This outstanding corner positioned facility features a total floor area of 1,200m2 and impressive two level office/showroom with dual roller doors. Leased to long standing tenant Air-Met Scientific Pty Ltd, with a current rental of $164,614.68 per annum net + GST.

Key Features:

- Prime corner position, 200 metres from Whitehorse Road

- Leased to long term tenant of more than 10 years - Air-Met Scientific Pty Ltd

- Renewed lease to 31st October 2024 + 5 year option

- Returning $164,614.68 per annum net + GST

- 1200m2* total building area

- Includes 410m2* office space

- Includes 790m2* warehouse with extensive laboratory/service fitout.

- 2 roller doors access

- Potential for future subdivision into two buildings (STPA)

Located in the highly sought after suburb of Nunawading, 23km* from the Melbourne CBD, the property is only 200m* from Whitehorse Road's "Mega Mile", featuring well known traders Bunnings Warehouse, Nick Scali Furniture, Toyota, Repco, Petbarn, Beacon Lighting plus many more. Additionally the facility is only 1.2km* from Nunawading Railway Station and 1.8km* from Blackburn Railway Station.

*approximately (Auction Terms:10% Deposit, Balance 60/90 Days )

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